INVESTMENT OPPORTUNITY – NEGOTIABLE PRICE High rental yield potential, under 1 km from Instituto Superior Técnico This property offers a great investment opportunity, ideal for buy-to-let strategies targeting students or shared housing, thanks to its location and configuration potential

Lisboa, Lisboa, Portugal

For Sale

€349,000

REF: 832102 €349,000


1

2

92 m2

Description

INVESTMENT OPPORTUNITY – NEGOTIABLE PRICE High rental yield potential, under 1 km from Instituto Superior Técnico This property offers a great investment opportunity, ideal for buy-to-let strategies targeting students or shared housing, thanks to its location and configuration potential. It is currently a 1-bedroom + 2 interior rooms with a private patio, and has potential to be converted into a 3-bedroom + 1, provided the interior layout is reconfigured and part of the living space is legalized (some interior rooms are not officially registered on the property record).

Located on the first floor of a building that underwent full renovation in 2019 (roof, façade, plumbing, electrical), the apartment features two bathrooms, one main bedroom, two interior rooms, and a patio accessible via an internal staircase. The kitchen is open to the living room, creating a spacious area of over 17 m² (easily reversible to the previous layout to create additional bedrooms if needed).

Upgrades completed in 2020 include: •Kitchen opened into a kitchenette •New double-glazed PVC windows with tilt-and-turn opening •Renovated bathrooms Areas: Living Room: 17.10 m² – Kitchen: 10.18 m² – Bedroom: 15.59 m² Interior rooms: 8.94 m² and 6.24 m² Bathrooms: 3.38 m² and 3.58 m² Patio: 8.63 m² Strategic location Centrally located in Lisbon, under 1 km from IST, with strong demand for student rentals and flatsharing. Important note: part of the property is not yet legalized. The price reflects this and is negotiable, depending on the buyer’s plans. #ref: 118362
INVESTMENT OPPORTUNITY – NEGOTIABLE PRICE High rental yield potential, under 1 km from Instituto Superior Técnico This property offers a great investment opportunity, ideal for buy-to-let strategies targeting students or shared housing, thanks to its location and configuration potential. It is currently a 1-bedroom + 2 interior rooms with a private patio, and has potential to be converted into a 3-bedroom + 1, provided the interior layout is reconfigured and part of the living space is legalized (some interior rooms are not officially registered on the property record).

Located on the first floor of a building that underwent full renovation in 2019 (roof, façade, plumbing, electrical), the apartment features two bathrooms, one main bedroom, two interior rooms, and a patio accessible via an internal staircase. The kitchen is open to the living room, creating a spacious area of over 17 m² (easily reversible to the previous layout to create additional bedrooms if needed).

Upgrades completed in 2020 include: •Kitchen opened into a kitchenette •New double-glazed PVC windows with tilt-and-turn opening •Renovated bathrooms Areas: Living Room: 17.10 m² – Kitchen: 10.18 m² – Bedroom: 15.59 m² Interior rooms: 8.94 m² and 6.24 m² Bathrooms: 3.38 m² and 3.58 m² Patio: 8.63 m² Strategic location Centrally located in Lisbon, under 1 km from IST, with strong demand for student rentals and flatsharing. Important note: part of the property is not yet legalized. The price reflects this and is negotiable, depending on the buyer’s plans. #ref: 118362
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Property on Map

#118362

Currency Exchange

Lisboa, Lisboa, Portugal

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €349,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€349,000 £287,541 £302,963 £15,422
Property Price € €349,000
Minimum cost in the last six months £287,541
Maximum cost in the last six months £302,963
Fluctuating exchange rates over the last six months could have increased the cost of this property by £15,422

Lisboa, Lisboa, Portugal

Interested in this property? Don't lose out to currency fluctuations changing the price you pay...

Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.

The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €349,000 property cost you?

Property Price € Minimum cost in the last six months Maximum cost in the last six months Fluctuating exchange rates over the last six months could have increased the cost of this property by
€349,000 £287,541 £302,963 £15,422
Property Price € €349,000
Minimum cost in the last six months £287,541
Maximum cost in the last six months £302,963
Fluctuating exchange rates over the last six months could have increased the cost of this property by £15,422

The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.

The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.

This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £15,422 more.

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